Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 235 Weeks Ago, 1 Day Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
13. Suppose that v represents the value of a bond and t represents time. What is the meaning of the derivative of v with respect to t? Would you expect this rate to be positive, negative, or zero?
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14. Suppose that b represents the remaining debt on a loan and t represents time. What is the meaning of the derivative of b with respect to t? Would you expect this rate
to be positive, negative, or zero?
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15. Suppose that p is the amount of milk given by a cow per day (in gallons per day) and that t is time (in days). What is the meaning of the derivative of p with respect to t?
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16. Suppose that r represents the total revenue for a manufacturer of bicycles, and let x represent the number of bicycles sold by this manufacturer. Suppose the current
market price is p dollars per bicycle. Under what assumptions is the marginal revenue for this manufacturer equal to p? If these assumptions fail to hold, would you expect the derivative of r with respect to x to exceed p or be less than p?
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